Denta Water and Infra Solutions Limited IPO is opening on 22 January 2025 and will run until 24 January 2025. This is a mainboard IPO which is raising ₹220.50 crore from entirely a fresh issue of 75 lakh equity shares.
The Denta Water and Infra Solutions IPO allotment date will be finalized on Monday, 27 January 2025. Denta Water and Infra Solutions shares will probably be listed on NSE & BSE on Wednesday, 29 January 2025.
Denta Water and Infra Solutions IPO’s price band has been set at ₹279 to ₹294 per share. The IPO lot size has been kept at 50 per application which makes the minimum retail investment ₹14700 while sNII and bNII have to subscribe for at least 14 and 69 lots respectively. These would amount to a minimum investment of ₹205800 and ₹1014300 respectively.
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Denta Water and Infra Solutions NSE & BSE IPO Details
| Detail | Information |
| IPO Opening Date | January 22, 2025 |
| IPO Closing Date | January 24, 2025 |
| Tentative IPO Listing Date | January 29, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹279 to ₹294 per share |
| Lot Size | 50 shares |
| Total Issue Size | 7500000 shares (₹220.50 Cr) |
| Fresh Issue | 7500000 shares (₹220.50 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE & BSE |
| Share Holding Pre-Issue | 19200000 shares |
| Share Holding Post-Issue | 269700000 shares |
Denta Water and Infra Solutions Limited | Company Overview
Denta Water and Infra Solutions Limited embarked on its journey in 2016 and in these nine years, it has crafted a niche for itself in offering water and infra solutions. It is engaged in designing, installing, and commissioning different water management infrastructures. The firm has extensive experience in groundwater recharge projects as well.
For the groundwater recharging projects, it make use of a water recycling process and demand for this service is spiking with the depleting groundwater levels every day. Apart from water engineering, it also offers EPC services as well.
However, that’s not all, here is an exhaustive list of services of the company –
- Feasibility studies
- Preliminary investigations and reconnaissance
- Field surveys and soil testing
- Planning and project formulation
- Tender bidding consultancy
- Design services
- Operation and maintenance guidelines
- Project management and construction supervision
- Turnkey projects
- Engineering procurement consultancy
Apart from water infra projects, it runs a beach resort in Udipi and has 98 acres of land in Karnataka’s Madikeri region where it has a coffee plantation, pepper and cardamom plantation as well.
Until 30 November 2024, it completed 32 water management projects, where for 11 the company was the main contractor, for 20 it was a sub-contractor, and one project it completed under joint venture terms.
It has recently ventured into highways, and railways construction projects too.
Some of the important projects include –
- Byrapura
- KC Valley
- Hiremagaluru LIS
- Contributed to Bengaluru’s wastewater management
Denta Water and Infra Solutions Limited IPO | Key Details
- Denta Water and Infra Solutions IPO Opening Date: January 22, 2025,
- Denta Water and Infra Solutions IPO Closing Date: January 24, 2025.
- Allotment Date: January 27, 2025
- Price Band: ₹279 to ₹ 294 per share
- Lot Size: 50 shares
- Refunds Initiated: January 28, 2025
- Shares Credited to Demat: January 28, 2025
- Listing Date: January 29, 2025
Denta Water and Infra Solutions Ltd: Financial Overview
Denta Water and Infra Solutions Limited saw a rise of 19% in its profits in FY24 while the revenue went up by 37.6% during the period. However, the firm successfully reduced its total borrowing during the year.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 219.85 | 123.28 | 96.57 | 78.33387411 |
| Revenue | 241.84 | 175.75 | 66.09 | 37.60455192 |
| Profit After Tax | 59.73 | 50.11 | 9.62 | 19.19776492 |
| Net Worth | 164.26 | 104.55 | 59.71 | 57.11142994 |
| Reserve & Surplus | 145.06 | 99.74 | 45.32 | 45.43813916 |
| Total Borrowing | 0.86 | 1.15 | -0.29 | -25.2173913 |
Denta Water and Infra Solutions Ltd IPO | FAQs
Denta Water and Infra Solutions Ltd is engaged in wastewater management, EPC projects for water management, groundwater recharging and other similar projects. It also has a beach resort in Udipi, and coffee, pepper, and other plantations in Karnataka.
The tentative IPO listing date of Denta Water and Infra Solutions has been fixed as Wednesday, January 29, 2025.
The bidding date for the Denta Water and Infra Solutions IPO is January 22, 2025, and it will continue until January 24, 2025.
The minimum IPO lot size for Denta Water and Infra Solutions is 50 shares.
The IPO allotment is expected to be finalized on Monday, January 27, 2025.
The IPO face value is set at ₹10 per share.
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